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Posts Tagged ‘north carolina’

Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn

In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how banks invest cash could be ...

Iowa’s caucus app was a disaster waiting to happen

A smartphone app designed to help announce the results of the Iowa caucus ended up crapping out and causing a massive delay by almost an entire day. The Iowa caucus traditionally uses gatherings of people in counties across the state to determine which candidates they want to back for the presidential nomination. They use a ...

For alternative meat manufacturer Beyond Meat, fast food chains giveth and taketh away

Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be. On the same day that the Canadian Tim Horton’s restaurant chain is dropping Beyond Meat products from its menus, the company ...

Air taxi company EHang flies autonomously in the US for the first time

Aerial passenger drone startup EHang flew its EHang 216 two-seat self-flying taxi fully autonomously in North Carolina last night, a first for the company both in the U.S. and North America. EHang, which is based in Guangzhou, China, has already demonstrated its vehicle in flight at home and in different parts of Europe and Asia, ...

Investors find a spot for $65 million in Passport’s parking management tech

The big new round of funding for Passport’s ticketing and parking management tech proves that software can even disrupt something as mundane and seemingly low-tech as the parking lot. The startup, which just raised $65 million in new financing from investors is a permitting, parking and ticketing management service for cities, office parks and campuses. ...

The lawyer who caught UNC giving $2.5m to white nationalists orders the white nationalists to create a $2.5m fund for Black students or face a lawsuit

T Greg Doucette is the lawyer who put the pieces together on the University of North Carolina's $2.5m handout to the white nationalist group the Sons of Confederate Veterans, then found and published a smoking gun in the form of a "victory letter" written by the SOCV's "commander" Kevin Stone, which Stone and ...

Reading the “victory letter” a white nationalist sent to his followers after getting $2.5m from UNC, it’s obvious why he tried to censor it

Last week, just before everything shut down for Thanksgiving, the Republican-appointed Board of Governors of the University of North Carolina handed $2.5m to the white nationalist Sons of Confederate Veterans, claiming it would settle a lawsuit over the removal of a Confederate "Silent Sam" statue from campus -- but as local litigator T Greg ...

White nationalists who got a $2.5m payout from UNC abuse the DMCA to censor lawyer’s trove of documents about it

T. Greg Doucette is the North Carolina litigator who sleuthed out the incredible, bizarre details of the decision of the University of North Carolina's Republican-appointed governors to hand a group of white nationalists $2.5m to build a Confederacy museum.

Doucette visited the Orange County Courthouse and scanned 123 pages' worth of documents related to ...

UPS and CVS deliver prescription medicine via drone to U.S. residential customers for the first time

UPS is rolling along with its drone delivery program, working with partner CVS Pharmacy to deliver prescription drugs to customer doorsteps via its newly deployed commercial drones. UPS delivered medications to two paying customers on November 1, using the M2 drone system that the logistics company developed in partnership with Matternet. UPS got approval from the ...

UPS forms a new subsidiary for drone delivery and seeks FAA approval to fly

UPS has big plans for drone delivery, and it’s taking two key steps to put them into action. First, it’s building its own dedicated subsidiary focused entirely on drone delivery, called UPS Flight Forward, and it’s seeking FAA approval to operate its drones over populated areas, during nighttime hours and when not within view of ...